Offer at a glance
Maximum bonus amount: $250
Availability: Nationwide
Direct deposit required: Yes, $100+
Additional requirements: None
Hard/soft pull: Soft
ChexSystems: Yes, sensitive
Credit card funding: Up to $100
Monthly fees: None
Early account termination fee: None
Household limit: None listed
Expiration date: December 31, 2024
The Offer
Bethpage Federal Credit Union is offering a $250 bonus when you open a new checking account and complete the following requirements:
Receive a qualifying direct deposit of $100+ within 90 days of account opening
The Fine Print
To be eligible for this offer, you must not have an existing Bethpage checking account in which you are the primary account holder on the checking account and have not previously received a new checking account opening related bonus from Bethpage.
To receive the $250 bonus, you must open a Free Checking Account, which is subject to approval, and have a qualifying direct deposit of $100 or more post to this account within ninety (90) days of account open date.
A qualifying direct deposit is a recurring electronic deposit of a paycheck, pension, or government benefits (such as Social Security) from an employer or the government. Certain types of electronically deposited funds may not be considered a qualifying direct deposit including ATM deposits, debit card transfers, online banking transfers or deposits, and person to person payments such as Zelle®. Bonus will be deposited to the new Free Checking Account within sixty (60) calendar days following the qualifying direct deposit.
New Free Checking Account must remain open and in good standing up to and including the date bonus is deposited to receive the bonus.
Offer valid for eligible Free Checking Accounts opened between September 9, 2024 and December 31, 2024.
Bonus is considered interest and will be reported on IRS Form 1099-INT. Primary account owner is responsible for any applicable taxes.
You are only eligible for one (1) checking account bonus.
If multiple checking accounts are opened by you, you will only be eligible to receive one (1) checking account bonus.
Offer may be modified or discontinued without notice.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
The free checking account has no monthly fees to worry about.
Early Account Termination Fee
There is no EATF.
Our Verdict
Unfortunately you can’t do this bonus if you’ve held a Bethpage account before. Some readers will have had account from previous bonuses. If you can get approved (they are Chex Systems sensitive) then this bonus is definitely worth doing and we will add it to our best bonus page. I suspect this deal will end earlier so consider signing up sooner rather than later.
Hat tip to reader DatBoiQuick
Useful posts regarding bank bonuses:
A Beginners Guide To Bank Account Bonuses
Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
PSA: Don’t Call The Bank
Introduction To ChexSystems
Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
What Banks & Credit Unions Do/Don’t Pull ChexSystems?
How To Use Our Direct Deposit Page For Bank Bonuses Page
Common Bank Bonus Misconceptions + Why You Should Give Them A Go
How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
Affiliate Links & Bank Bonuses – We Won’t Be Using Them
Complete List Of Ways To Close Bank Accounts At Each Bank
Banks That Allow/Don’t Allow Out Of State Checking Applications
Bank Bonus Posting Times